66 Penn, Providence, RI, 02909

Rare opportunity to buy a property that makes money right out of the gate! This exceptional 4-unit Providence investment at 42 Courtland Street consists of a beautifully updated 3-family building plus a perfect separate cottage. The main 3-family building has been completely and beautifully remodeled. Each of the three units features 3 generous bedrooms and a wonderfully laid-out modern kitchen that flows seamlessly into an open living room and kitchen concept. The 4th unit is a standalone cottage that has undergone a stunning remodel. It provides 2 to 3 bedrooms and 2 full baths, both absolutely amazing in their own right. The cottage also features a fantastic master bedroom with direct access to a private outdoor deck that feels like an absolute paradise. This property is a massive income producer, currently fully rented and bringing in $9,400 monthly ($112,800 annually). Ample off-street parking is included. For buyers looking to owner-occupy or place their own tenant, the property can be purchased with one unit delivered empty. Don't miss this rare, turnkey opportunity!

Residential Income
$1,074,900
Location
City/TownProvidence
CountyProvidence
Interior
Living Area4,510 sq. ft.
Rooms20
HeatingElectric, Natural Gas, Baseboard
CoolingNone
Interior FeaturesWall (Dry Wall)
Additional Information
Tax Assessment$864,300
Exterior
Acreage0.0918
Listed By: Yorway Realty

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